NSK’s net income declines 37.7% y/y to USD259.3 million in April-December 2016

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Financial results

Expects net income of JPY40 billion in FY 2016/17

NSK’s net income dropped 37.7% year-over-year (y/y) to JPY30.2 billion (USD259.3 million, 31 December 2016) in the first nine months of financial year (FY) 2016/17 ended 31 December 2016, the company said in a press release.

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